EMAs cross indicator (a must for MAs cross research!)
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Old 06-27-2006, 10:48 AM
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Default EMAs cross indicator (a must for MAs cross research!)

Hi scorpion,

I was wondering if you can code another indicator that shows buy/sell signals with arrows for me. I was playing around with MA’s, trying new things, and found the following gave some ‘good’ buy/sell signals. I have only tried this on gbp/usd.

The setup is as follows:
3 EMA’s, set at 5,10 and 34. (apply to close and shift set to 0)
5 Min candle chart

Buy signal - Buy if the next bar opens above, when the 5 and 10 EMA’s moves above the 34EMA.
Sell signal – Sell if the next bar opens below, when the 5 and 10 EMA’s moves below the 34EMA.

At the moment, I have no ‘set’ rules for exits. I generally use a 15pip trailing stop.

I have uploaded a gif for an example, the url is http://www.kitsonik.com/kevin/today.gif

Any help would be great. Thankyou

-A8

Last edited by scorpion : 06-27-2006 at 04:02 PM. Reason: erase out font format
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Old 06-27-2006, 04:04 PM
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No problem dude. Check back again soon...

Oh, i'll be changing this thread title, so be sure not to lose the way.
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Old 06-28-2006, 02:42 PM
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Hiya,

bud, thats great thankyou, I appricate all your hard work.

-A8
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Old 06-29-2006, 11:25 AM
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Hey

This is what you want. Cheers!

Remember that everything is configurable. You can set the MAs' period and type individually and have the arrows instantly redrawn automatically. Easy, right?
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File Type: gif 3ma_cross_arrows.gif (14.1 KB, 603 views)
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File Type: mq4 3 MAs Cross Arrows.mq4 (3.1 KB, 596 views)
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Old 06-30-2006, 08:21 PM
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Hiya bud,

Your a star, tried it today, and worked like a charm.

Thankyou very much

-A8
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Old 09-13-2007, 08:04 PM
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Thanks for the indicator. That's what I needed.
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Old 09-14-2007, 02:12 AM
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Very simple system,,, thanks
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Old 10-07-2007, 11:05 PM
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How can i disable the pop up window alrams /or not have the pop up window come up at all to alert me on a signal which came with an indicator which i added to the indicator list in mt4 , it is realy dsturbing me popping up all the time .

many thanks for your help /
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Old 10-26-2008, 07:48 PM
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hello guys...

looking forward for the future with forex hehe
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Old 10-26-2008, 10:42 PM
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Holla
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